I have found many properties in this area with great cash flow. You can get a single family house for $20,000 - $40,000 that produces $500-$650 rent. What are your opinions? Thanks.

look at everything, what type or renters will you have, will they destroy the place, yes most likely. Do you have enough money in the bank for those months that no one is renting? Do you have money for fixing the place? Are there vacant buildings in the area? Historically has property value gone up? Does the area feel safe? So many things to think about.. you can't base it on price alone

be aware of your customers.right now the subprime market is crashingsubprime loans tend to be geared towards lower income and minority familiesthe market is crashing, because subprime borrowers, arent paying their mortgage.Investing in a subprime group will put the same risk on yourself as the subprime lenders did. Also, subprime borrowers have a higher tendancy to thrash the house they are living in, and you, as the owner of the house are responsible for fixing it, not them, as the rentors. Renting to low income..while benneficial to low income, and benneficial to your immideate cash flow...is not fiscally responsible in the long run.

there are alot of nice suburbs around pittsburghcranberry, fox chapel, moon, sewickley, robinson townshiplots of nice places